Introduction to Correspondent Banking
Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
Countries may ban the exportation of certain commodities from time to time. It is not an altogether uncommon thing to do, and it may occur for several different reasons.
The length of time a commodity may remain banned is entirely relative to the reason or reasons it was banned for,...
Entrepreneurship is often associated with individualism, risk-taking, and innovation in today's fast-paced world.
While these traits are undoubtedly essential for any successful venture, the critical role of the community in fostering entrepreneurial success must be considered.
In reflecting on the recent MIG Business Forum and the exciting initiatives discussed,...
The Discovery of crude oil in the Middle East changed their fortunes because of continuous demand for the commodity. Life does not exist without energy. In today’s world, fossil energy/crude oil is considered one of the most prominent energy sources with a large global market.
Renewable energy is catching up....
You will undoubtedly find humility woven into your business journey in Africa. Africa will indeed ground you. It has taught me humility, keeps me down to earth, and my entrepreneurial journey has brought me lessons in modesty, remaining unassuming in the estimation of anyone’s abilities, for the most unassuming...
Merriam-Webster defines ‘addiction’ as “a compulsive, chronic, physiological or psychological need for a habit-forming substance, behaviour, or activity having harmful physical, psychological, or social effects and typically causing well-defined symptoms (such as anxiety, irritability, tremors, or nausea) upon withdrawal or abstinence”.
In moderation, anything can be argued as alright, depending...
A New Era in Ghana's Democratic Journey
Ghana, often called the Heart of Africa, is renowned for its stable political climate and progressive democratic governance. This commitment to regular, peaceful presidential elections is a model for other emerging democracies.
The 2016 presidential election, resulting in a power transition from the National...
Political parties rely heavily on financial assistance to sustain their activities. This has led to a situation where financiers of a party can unduly influence the outcome of elections and the policies of political parties.
The question we ponder over is whether the state should sponsor political parties or whether...
Local agroeconomic clusters play a crucial role in the growth and sustainability of regional economies. Moreover, by focusing on local buyers, these clusters can create a ripple effect of benefits that extends beyond the businesses themselves, touching the lives of countless individuals within the community.
I want to explore ten...
A successful process of raising funds for your business is the first step towards achieving success. Your business may not be able to materialize productive investment opportunities without access to easy and timely finance.
Whether it’s a start-up or an expansion, financing is a crucial step towards business success. Generally,...
